This module allows you to analyze existing cross correlation between Straits Tms and DOW. You can compare the effects of market volatilities on Straits Tms and DOW and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Straits Tms with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and DOW.
|Time Horizon||30 Days Login to change|
Straits Tms vs. DOW
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the DOW. In addition to that, Straits Tms is 1.3 times more volatile than DOW. It trades about -0.39 of its total potential returns per unit of risk. DOW is currently generating about 0.09 per unit of volatility. If you would invest 2,471,509 in DOW on May 19, 2018 and sell it today you would earn a total of 37,539 from holding DOW or generate 1.52% return on investment over 30 days.